Dubai hotels, slow Ramadan
United Arab Emirates: Monday, October 09 - 2006 at 10:39
Some of Dubai's hotels have been hit by low occupancy rates so far during Ramadan and some have slashed their published rack rates by up to 50% according to Emirates Today. Nevertheless, the dip is just temporary as figures released by Ernst and Young show that, despite increasing their room rates by 21.5% from 2005 to 2006, Dubai's hotels enjoy an 89.9% occupancy rate on average.
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Jonathan Sheikh-Miller, Deputy EditorMonday, October 09 - 2006 at 10:39 UAE local time (GMT+4)
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